Wertheimer & Degen v. Parsons

To a general understanding of the questions raised on this appeal, a statement of the facts is necessary:

The plaintiff" was and is a partnership residing in Omaha, Nebraska, engaged in buying and selling live stock. On October 18, 1922, the plaintiff sold to H. H. Keeler & Son, of Marshall County, Iowa, 59 head of steers, for the sum of $2,418.82. These were stock cattle, and were taken to and fed by the purchaser in Marshall County, Iowa. To secure payment therefor, Keeler & Son on that date executed to the plaintiff a chattel mortgage covering the cattle thus purchased, which mortgage was…